Canadian News

Canada's oil industry pleads with Trudeau to halt stifling red tape

Canada's ailing oil industry is lobbying the Trudeau government to put a stop to the increase in carbon tax.

Nico Johnson Montreal, QC
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Canada's ailing oil industry is lobbying the Trudeau government to put a stop to the increase in carbon tax, according to Blacklock's Reporter.

As well as this, the oil industry also wants to see a halt on a federal ban on plastics and other environmental regulations which would ease the economic strain of both a pandemic and a steep fall in oil prices.

The Canadian Association of Petroleum Producers (CAAP) has said that Trudeau's policies have become unaffordable for the industry.

In a statement, the CAAP said that "we are asking the Government of Canada to temporarily suspend, delay or reconsider certain regulatory actions that will add costs to industry at this time."

"Increasing the costs of operating will inflict further damage to our economy as we struggle to weather this crisis. It does not make sense," they added.

Canada's oil industry still remains an essential part of the country's economy, despite it's hits over recent months. Alberta, in particular, depends heavily on the success of oil—seen through their economic troubles in recent years.  

Despite all this, Prime Minister Justin Trudeau has said that there won't be any broad suspension of Canada's environmental regulations, even if the very survival of the industry is at stake.

"Just because we’re in one crisis right now doesn’t mean we can forget about the other crisis, the climate crisis that we are also facing as a world, as a country," said the prime minister.

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